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B+
NoAgentList RatingHow are grades calculated?Info

$492,000

NAL Estimated Property Value

224 Magnolia Drive, Coppell, TX, 75019

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,779 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$196.68 / sqft
Year BuiltBuilt in 1987

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave, Plumbed For Ice Maker, Gas Water Heater
FlooringCeramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters
Lot Size9,471 sqft

Building Information

Year Built1987
Stories1
Roof Type105
Garage Spaces2

Land Information

APN180063500G0340000
Lot Number34
SubdivisionShadow Ridge
Land UseResidential
Legal DescriptionSHADOW RIDGE ESTATES 2ND INCR BLK G LT 34 INT201900330202 DD12052019 CO-DC 0063500G03400 2CO0063500G
Census Tract014126
Assessed Land Value$115,000
Assessed Improvement Value$349,000
Assessment Year2025

About this property

Come see this model like home. When you walk in you are greeted with beautiful hardwood floors and fresh neutral paint throughout the home. The kitchen is perfect with white cabinets, stainless steel appliances, granite counter tops and updated backsplash. The secondary bedrooms are a great size and are split from the master bedroom. The guest bathroom has been completely remodeled. The master bedroom is a great size and features a stunning master bathroom. The walk in shower has just been updated, the vanities are brand new and best of all there is a barn door leading into the spacious master closet. The windows and sliding glass door have been replaced. The roof is less than 2 years old. Do not miss this one!

Investor Tools

Property Icon
$492,000
Estimated Property Value
$242,553Estimated Mortgage Balance
$249,447Estimated Equity
50% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,952 /month
Positive
Cash Flow Estimate:
$984 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$827/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,461
$464,000
2025
$115,000
$349,000
$464,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,461
$464,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mid-American Mortgage Inc
Conventional
$265,612
No
First
Oct 29, 2021
Dec 2041

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$242,553
$249,447
50%
49%
$1,593/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,420/mo
$1,593/mo
+$827/mo
5.9%

Learn About the Market: Opportunity in Texas

Local Market Pages
Local Market Pages 2Local Market Pages 3Local Market Pages 4

Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Coppell

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224 Magnolia Drive | Property Details | No Agent List